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Fifth Third Bancorp (NASDAQ:FITB) Short Interest Down 31.3% in February
Fifth Third Bancorp (NASDAQ:FITB) experienced a significant 31.3% decrease in short interest during February, with total short interest falling to 43,978,782 shares as of February 13th. This represents about 6.7% of the stock’s shares sold short, with a days-to-cover ratio of 3.1 based on average daily trading volume. The company currently trades at $49.47, offers a quarterly dividend of $0.40, and analysts maintain a consensus “Moderate Buy” rating with a target price of $56.56.